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Technology Stocks : Newbridge Networks
NN 14.21+1.7%Nov 28 9:30 AM EST

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To: Shanti who wrote (5739)7/27/1998 11:49:00 AM
From: Doug  Read Replies (1) of 18016
 
Shanti: The market is in a corrective phase. During such occasions of general market declines, some of the traditionally volatile stocks such as NN can sell near 15% below minimum valuation. The risk is tied to 2 factors, previous support and market condition.

The next logical question is what is the minimum valuation of NN. In the current market, NN now has a support at the US $18 level. The risk is 15% below the support.
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